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Terex Corp (TEX.N)

TEX.N on New York Stock Exchange

46.11USD
4:02pm EDT
Change (% chg)

$0.08 (+0.17%)
Prev Close
$46.03
Open
$46.30
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$46.36
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$45.97
Volume
164,369
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399,102
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$46.74
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$21.91

Latest Key Developments (Source: Significant Developments)

Terex authorizes new share repurchase program
Wednesday, 6 Sep 2017 08:59am EDT 

Sept 6 (Reuters) - Terex Corp ::Terex authorizes new share repurchase program.Terex Corp - ‍its board of directors authorized a new share repurchase program of up to $225 million​.  Full Article

Terex Corp completes sale of 5.15 mln shares of Konecranes
Tuesday, 5 Sep 2017 05:00pm EDT 

Sept 5 (Reuters) - Block Trade- Terex Corporation ::BLOCK TRADE- TEREX CORPORATION COMPLETES SALE OF 5.15 MILLION SHARES OF KONECRANES PLC.BLOCK TRADE- TEREX CORPORATION: SOLD SHARES AT A PRICE OF EUR 36.50 PER PLACING SHARE.  Full Article

Terex to sell remainder of its shares in Konecranes
Tuesday, 5 Sep 2017 12:00pm EDT 

Sept 5 (Reuters) - Block Trade - Terex Corp ::: ANNOUNCES INTENTION TO SELL REMAINDER OF ITS SHARES IN KONECRANES PLC, UP TO 5.15 MILLION CLASS A SHARES AND 6.54% OF TSO.: ASSUMING THE MAXIMUM NUMBER OF SHARES ARE SOLD IN THE PLACING, TEREX WILL NO LONGER HOLD ANY SHARES IN THE COMPANY.: PLACING SHARES ARE BEING OFFERED BY WAY OF AN ABB WHICH WILL BE LAUNCHED IMMEDIATELY FOLLOWING ANNOUNCEMENT.: PLACING PRICE WILL BE AGREED AT THE CLOSE OF BOOKBUILD PROCESS.: KONECRANES TO WAIVER REQUIREMENTS IN WHICH INVESTORS HAVE RIGHT TO PURCHASE UP TO C.2.37 MILLION SHARES PER INSTITUTION IN THE PLACING.: SETTLEMENT OF THE PLACING IS EXPECTED TO TAKE PLACE ON MONDAY, 11 SEPTEMBER 2017.  Full Article

Terex says to sell up to about 6.5% of total shares outstanding of Konecranes​
Tuesday, 5 Sep 2017 11:56am EDT 

Sept 5 (Reuters) - Terex Corp :Co to sell up to about 6.5% of total shares outstanding of Konecranes PLC, corresponding to up to 5.15 million Class A Konecranes shares​.Shares are being offered by way of bookbuild.Total shares outstanding includes both Class A and Class B Konecranes shares but does not include Konecranes treasury shares.Prior to settlement, appropriate number of Konecranes unlisted Class B shares held by Terex will be converted.Converted Class A shares will be listed on Helsinki Stock Exchange​​.  Full Article

Konecranes says Terex to sell its shares in company
Tuesday, 5 Sep 2017 11:49am EDT 

Sept 5 (Reuters) - Konecranes ABP :Konecranes says Terex Corp has announced its intention to sell shares in Konecranes in an accelerated book-building process and Konecranes has waived certain transfer restrictions.Konecranes says Terex Corp has intention to sell up to 5,150,000 shares corresponding to approximately 6.54 percent of all outstanding shares in Konecranes.Says pricing of share sale will be agreed at close of book-building process.Says Terex has agreed to certain restrictions, including a restriction that no purchaser will own more than 3 percent of total number of Konecranes shares..Says company has agreed to the potential sale of up to additional 3 percent of the total number of Konecranes shares to any existing shareholders participating in the share sale despite their earlier shareholding in Konecranes.  Full Article

U.S. Steel names Kevin Bradley as CFO
Wednesday, 26 Jul 2017 08:36am EDT 

July 26 (Reuters) - United States Steel Corp ::U. S. Steel names Kevin Bradley as executive vice president and chief financial officer.United States Steel Corp - ‍previously, Bradley served as senior vice president and chief financial officer of Terex Corporation​.  Full Article

Terex Corp authorizes new share repurchase program
Tuesday, 30 May 2017 09:13am EDT 

May 30 (Reuters) - Terex Corp ::Terex Corporation authorizes new share repurchase program.Terex Corp says board of directors authorized a new share repurchase program of up to $280 million.  Full Article

Terex reports Q1 loss per share $0.57 from continuing operations
Tuesday, 2 May 2017 04:50pm EDT 

May 2 (Reuters) - Terex Corp :Q1 adjusted earnings per share $0.05 from continuing operations excluding items.Q1 adjusted earnings per share $0.05 from continuing operations excluding items.Q1 loss per share $0.57 from continuing operations.Terex Corp - increasing full year adjusted EPS guidance to $0.80 to $0.95.Q1 net sales $1,006.9 million versus $1,114.3 million.Q1 earnings per share view $-0.01, revenue view $926.8 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.  Full Article

Terex Corp reports Q4 loss per share $2.96
Tuesday, 21 Feb 2017 04:54pm EST 

Terex Corp : Terex announces fourth quarter and full year 2016 results and provides 2017 guidance . Q4 loss per share $2.96 from continuing operations . Q4 sales $1.0 billion versus i/b/e/s view $918.8 million . Sees FY 2017 earnings per share $0.60 to $0.80 excluding items . Q4 adjusted earnings per share $0.07 from continuing operations excluding items . Sees FY 2017 sales about $3.9 billion . Q4 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S . Terex Corp - income from continuing operations, as adjusted, for Q4 of 2016 was $7.4 million, or $0.07 per share . Terex Corp - "looking ahead to 2017, we expect our primary global markets to remain challenging" . Terex Corp sees 2017 adjusted earnings per share of between $0.60 and $0.80 .Terex Corp qtrly net sales $974.7 million versus $1,167.6 million.  Full Article

Terex authorizes new share repurchase program
Tuesday, 21 Feb 2017 04:30pm EST 

Terex Corp : Terex Corporation authorizes new share repurchase program and increases quarterly dividend . Increases quarterly dividend by 14 percent to $0.08 per share . Terex Corp says board of directors authorized a new share repurchase program of up to $350 million .Terex Corp says new share repurchase program to commence upon completion of company's current $200 million program.  Full Article

Marcato's McGuire sees Terex's share price more than tripling

NEW YORK Hedge fund manager Mick McGuire on Tuesday said that crane maker Terex Corp's share price could more than triple as the company focuses on its core business and pursues a disciplined capital allocation plan.